1. You Have $10,000 to invest for five years.

• How much additional interest will you earn if the investment provides a 5% annual return , when compared to a 4.5% annual return?
• How long will it take your $10,000 to double in value if it earns 5% annually?
• What annual rate has been earned if $1,000 grows into $4,000 in 20 years?

Answer rating: 100% (QA)

To compare the two scenarios 1 With a 5 annual return youd earn 500 interest per year ... View the full answer